Kaydan Wealth Management Inc. Makes New Investment in iShares S&P 100 ETF (NYSEARCA:OEF)

Kaydan Wealth Management Inc. purchased a new position in iShares S&P 100 ETF (NYSEARCA:OEF) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,075 shares of the company’s stock, valued at approximately $562,000.

Other institutional investors have also added to or reduced their stakes in the company. CX Institutional bought a new position in iShares S&P 100 ETF in the first quarter worth approximately $25,000. Midwest Capital Advisors LLC bought a new position in iShares S&P 100 ETF in the fourth quarter worth approximately $28,000. Glassman Wealth Services bought a new position in iShares S&P 100 ETF in the fourth quarter worth approximately $39,000. NBT Bank N A NY raised its position in iShares S&P 100 ETF by 39.7% in the fourth quarter. NBT Bank N A NY now owns 162 shares of the company’s stock worth $47,000 after acquiring an additional 46 shares during the period. Finally, Fourth Dimension Wealth LLC purchased a new stake in shares of iShares S&P 100 ETF in the fourth quarter worth $52,000.

iShares S&P 100 ETF Stock Performance

OEF opened at $295.46 on Tuesday. The stock has a market cap of $19.49 billion, a price-to-earnings ratio of 25.22 and a beta of 1.02. The firm’s fifty day moving average is $277.35 and its 200 day moving average is $283.26. iShares S&P 100 ETF has a fifty-two week low of $232.57 and a fifty-two week high of $300.35.

About iShares S&P 100 ETF

iShares S&P 100 ETF, formerly iShares S&P 100 Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index.